Chinaeurope Maritime Trade Revives Ancient Silk Road Via New Pacts

Chinaeurope Maritime Trade Revives Ancient Silk Road Via New Pacts

China-Europe maritime trade has a long history, with the 2002 maritime agreement marking a significant milestone. This agreement facilitated the growth of trade between China and Europe, and shipping routes now span the globe. Looking ahead, China-Europe maritime transport is poised for development towards intelligence, green practices, interconnectivity, and free trade, promising a bright future. The agreement significantly boosted trade volume and fostered closer economic ties between the two regions.

WTO Updates Global Trade Guidelines with Expanded Single Window System

WTO Updates Global Trade Guidelines with Expanded Single Window System

The WCO Single Window Guidelines need updating to reflect evolving trade practices. Recommendations include integrating technology, strengthening risk management, learning from best practices, and collaborative updates. This aims to build an efficient, secure, and inclusive system that facilitates seamless cross-border trade. The updated guidelines should address emerging challenges and opportunities in the global trade landscape, ensuring that Single Window systems remain relevant and effective in promoting trade facilitation and economic growth.

Ivory Coast Enhances Customs Training for Advanced Ruling System

Ivory Coast Enhances Customs Training for Advanced Ruling System

Côte d'Ivoire is actively enhancing its customs classification skills in preparation for implementing an advance rulings system, aligning with the WTO's Trade Facilitation Agreement. With support from the EU and Germany, Côte d'Ivoire held a customs classification workshop aimed at developing expertise, improving trade facilitation, and contributing to global trade. The advance rulings system, a key mechanism, will enhance trade predictability, reduce costs, promote compliance, and facilitate Côte d'Ivoire's integration into the global trading system.

US Japan Philippines Sign Trade Pact to Ease Shipping Delays

US Japan Philippines Sign Trade Pact to Ease Shipping Delays

The United States recently signed a new trade agreement with Japan and the Philippines to promote economic cooperation and enhance trade fluidity. However, with the increase in trade, serious congestion in trans-Pacific shipping has emerged, necessitating measures to ensure transport efficiency and ensure mutual benefits for the three countries.

07/24/2025 Logistics
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China Customs Updates Rules for Amending Origin Declarations

China Customs Updates Rules for Amending Origin Declarations

This article details the necessary documents for changing the domestic origin of goods on a customs declaration. These documents include domestic trade contracts, VAT invoices, VAT invoice certification lists, explanatory statements, payment slips, and foreign trade contracts. This information aims to help foreign trade companies efficiently complete the customs clearance process.

Hong Kong Files WTO Complaint Over US Tariffs

Hong Kong Files WTO Complaint Over US Tariffs

The Hong Kong SAR government has filed a complaint with the WTO regarding the US's imposition of tariffs, citing violations of WTO rules and disregard for Hong Kong's status as a separate customs territory. This action aims to protect Hong Kong's trade interests, defend multilateral trade principles, and promote the resolution of international trade disputes. Hong Kong will closely monitor developments, safeguard its trade position, and calls on the international community to jointly uphold WTO rules.

European Shipping Firms Adapt to Tariff Challenges

European Shipping Firms Adapt to Tariff Challenges

Trump's tariff policies present challenges to the European aviation industry, with a sharp decline in UK business confidence. Consolidation companies face opportunities such as trade structure adjustments and regional trade growth, but also challenges like trade volume fluctuations, rising costs, and increased competition. To cope, companies need to establish risk management systems, diversify their operations, innovate technologically, and strengthen strategic partnerships. These strategies are crucial for navigating the evolving trade landscape and mitigating potential negative impacts.

Huazhi Big Data Enhances Jinans Foreign Trade with Digital Tools

Huazhi Big Data Enhances Jinans Foreign Trade with Digital Tools

Shandong Huazhi Big Data has been appointed as the Vice President Unit of the Jinan International Chamber of Commerce, signifying recognition of its strength in AI-driven overseas trade. The company will leverage its "JingMaoTong" system to empower Jinan's foreign trade enterprises through digital intelligence, integrated innovation, and resource sharing. This will help them reduce overseas expansion costs, explore new business models, and build a foreign trade ecosystem, injecting new impetus into the region's high-quality foreign trade development.

Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

The Yimao series of products will undergo a major upgrade in 2025, focusing on three core products: Trade Advisor, Trade Enterprise Search, and Product Encyclopedia. Eight practical functions will be launched, covering market analysis, compliance management, enterprise assessment, customer expansion, and commodity classification. This upgrade aims to help enterprises improve trade efficiency and gain a competitive advantage in global trade. The new features are designed to provide comprehensive support and insights for businesses navigating the complexities of international commerce.

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.